File #: 2021-0159-E    Version: 1 Name:
Type: Ordinance Status: Enacted
File Introduced: 3/9/2021 In control: City Council
On agenda: 4/13/2021 Final action: 4/13/2021
Effective date:    
Title: ORD Making Certain Findings & Apv & Auth the Execution of an Economic Developmnt Agreemnt (“Agreement”) btwn COJ (“City”) & Thetokos Holdings, LLC (“Company”), to Support the Redevelopmnt of a Vacant office Bldg into Approx 118 Market-Rate Housing Units Located Generally at 7820 Arlington Expressway, Jacksonville, FL (“Project”); Auth a 10 Yr, 75% Recapture Enhanced Value (REV) Grant of Not to Exceed $820,000; Apv & Auth the Execution of Documnts by the Mayor, or His Designee, & Corp Secretary; Auth Apvl of Technical Amendmnts by the Executive Director of the Office of Economic Development (“OED”); Providing for Oversight by the OED; Providing a Deadline for the Company to Execute the Agreemnt; Requesting a Waiver of the Public Investmnt Policy Adopted by Ord 2016-382-E, as Amended. (Sawyer) (Req of Mayor) 3/9/21 CO Introduced: F 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: F 4/6/21 F Approve 7-0 4/13/21 CO Approved 19-0 Public Hearing ...
Introducer and/or Co-Sponsor(s): Mayor
Assigned Committees: FINANCE
Legislation Documents: 1. 2021-159 Original Bill.pdf, 2. 2021-159 Exh 1, 3. 2021-159 Fact Sheet.pdf, 4. 2021-159 On File.pdf, 5. 2021-159 Bill Summary.pdf, 6. 2021-159-E Scriv Corr.pdf